NORBERT PEETERS NV: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NORBERT PEETERS NV
Largest movements
- Receivables within one year +€261,807
up €261,807 (+19.0%), from €1.4m to €1.6m
- Current portion of long-term debt +€150,000
new in 2025: €150,000
- Reserves +€75,000
up €75,000 (+3.5%), from €2.1m to €2.2m
of which Distributable reserves: +€75,000
- Gross operating margin +€136,349
up €136,349, from -€23,009 to €113,340
- Financial income -€34,333
down €34,333 (-75.7%), from €45,345 to €11,011
- Other operating charges +€9,042
up €9,042 (+154%), from €5,865 to €14,907
- Taxes -€6,535
no longer reported in 2025 (was €6,535)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,226,878 | €2,463,731 | +€236,853 | +10.6% |
| Fixed assets | 21/28 | €844,090 | €819,514 | -€24,576 | -2.9% |
| Tangible fixed assets | 22/27 | €844,090 | €819,514 | -€24,576 | -2.9% |
| Land and buildings | 22 | €820,152 | €790,304 | -€29,848 | -3.6% |
| Furniture and vehicles | 24 | €23,938 | €29,209 | +€5,272 | +22.0% |
| Current assets | 29/58 | €1,382,788 | €1,644,217 | +€261,429 | +18.9% |
| Amounts receivable within one year | 40/41 | €1,381,513 | €1,643,319 | +€261,807 | +19.0% |
| Other amounts receivable | 41 | €1,381,513 | €1,643,319 | +€261,807 | +19.0% |
| Cash at bank and in hand | 54/58 | €1,275 | €898 | -€377 | -29.6% |
| Total equity and liabilities | 10/49 | €2,226,878 | €2,463,731 | +€236,853 | +10.6% |
| Equity | 10/15 | €2,207,561 | €2,286,149 | +€78,587 | +3.6% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Capital | 10 | €80,600 | €80,600 | = | 0.0% |
| Issued capital | 100 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €2,126,060 | €2,201,060 | +€75,000 | +3.5% |
| Non-distributable reserves | 130/1 | €8,060 | €8,060 | = | 0.0% |
| Legal reserve | 130 | €8,060 | €8,060 | = | 0.0% |
| Distributable reserves | 133 | €2,118,000 | €2,193,000 | +€75,000 | +3.5% |
| Profit (loss) carried forward | 14 | €901 | €4,489 | +€3,587 | +398% |
| Amounts payable | 17/49 | €19,316 | €177,582 | +€158,266 | +819% |
| Amounts payable within one year | 42/48 | €19,316 | €177,582 | +€158,266 | +819% |
| Current portion of amounts payable after more than one year | 42 | - | €150,000 | +€150,000 | |
| Financial debts | 43 | - | €14,087 | +€14,087 | |
| Credit institutions | 430/8 | - | €14,087 | +€14,087 | |
| Trade debts | 44 | €868 | €4,319 | +€3,451 | +397% |
| Suppliers | 440/4 | €868 | €4,319 | +€3,451 | +397% |
| Taxes, remuneration and social security | 45 | €18,448 | €9,177 | -€9,272 | -50.3% |
| Taxes | 450/3 | €18,448 | €9,177 | -€9,272 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,848 | €29,848 | = | 0.0% |
| Other operating charges | 640/8 | €5,865 | €14,907 | +€9,042 | +154% |
| Gross operating margin | 9900 | -€23,009 | €113,340 | +€136,349 | |
| Operating profit (loss) | 9901 | -€58,722 | €68,585 | +€127,307 | |
| Financial income | 75/76B | €45,345 | €11,011 | -€34,333 | -75.7% |
| Recurring financial income | 75 | €45,345 | €11,011 | -€34,333 | -75.7% |
| Financial charges | 65/66B | €377 | €1,009 | +€632 | +168% |
| Recurring financial charges | 65 | €377 | €1,009 | +€632 | +168% |
| Profit (loss) for the period before taxes | 9903 | -€13,754 | €78,587 | +€92,342 | |
| Income taxes | 67/77 | €6,535 | - | -€6,535 | |
| Profit (loss) for the period | 9904 | -€20,290 | €78,587 | +€98,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,290 | €78,587 | +€98,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.